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Financial
Distress signals
Property profile

1321 College Ave Elmira, NY 14903

FOR SALE
Bars & Pubs
Property ID
US63-6226708
3,238 SF 0.23 ac lot Built 1969
Last sale Oct 2004 · $108,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 3,238-square-foot commercial building was formerly used as the Sand Dollar Bar and is located on College Ave on a busy corridor near Lecom, Hilliard, Arnot Hospital, and downtown. The structure includes a large room featuring a vaulted ceiling that was added to the original building. The property is offered in an as-is condition and is configured in a way that may support uses such as a bar or restaurant. Walk and bike accessibility are moderate, with a walk score of 52 and a bike score of 45.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$138k
Assessed land$19k
Assessed improvement$119k

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 18.58% cap applied$33k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$30 – $103
Qualifying comparables3

Cap rate analysis

How does the asset earn?
18.58%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BA
This district is intended to create, preserve and enhance business areas of the City that will serve residential neighborhoods. This is i...
General categoryCOMMERCIAL
JurisdictionCHEMUNG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency18.3
Law Firm14.1
Dental Office10.6

Location

1321 College Ave Elmira, NY 14903
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1905 College, Elmira, NY 14901-1138 $190,000 Jul 2024 6,300 SF
211 2nd, Elmira, NY 14901-2711 $400,000 Feb 2023 4,800 SF
248-252 Water, Elmira, NY 14901 $280,000 Jul 2022 7,814 SF
800 Madison, Elmira, NY 14901-2310 $60,000 Dec 2021 2,660 SF
1339 College, Elmira, NY 14901-1134 $100,000 Jan 2021 1,575 SF
2001 College, Elmira, NY 14901-1113 $110,000 Jul 2020 1,858 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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